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16 Part 1 of 2 0.1 points eBook Hint Print References ! Required information [The following information applies to the questions displayed below.] Anne purchased
16 Part 1 of 2 0.1 points eBook Hint Print References ! Required information [The following information applies to the questions displayed below.] Anne purchased an annuity from an insurance company that promised to pay her $15,000 per year for the next 10 years. Anne paid $116,250 for the annuity, and in exchange she will receive $150,000 over the term of the annuity. a. How much of the first $15,000 payment should Anne include in gross income? Note: Do not round intermediate calculations. Amount to be included in gross income Check my work
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